NYSE:GVA - Granite Construction Stock Price, News & Analysis

$33.56
+0.63 (+1.91 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$32.26
Now: $33.56
$33.67
50-Day Range
$27.01
MA: $30.77
$44.64
52-Week Range
$26.57
Now: $33.56
$58.93
Volume627,200 shs
Average Volume518,829 shs
Market Capitalization$1.57 billion
P/E Ratio14.34
Dividend Yield1.58%
Beta1.34
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. The company operates through Transportation, Water, Specialty, and Materials segments. The Transportation segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, and marine ports. Read More…

Industry, Sector and Symbol

Industry Heavy construction, except building construction - contractors
Sub-IndustryConstruction & Engineering
SectorConstruction
CUSIP38732810
Phone831-724-1011

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.32 billion
Cash Flow$4.6611 per share
Book Value$29.80 per share

Profitability

Net Income$42.41 million

Miscellaneous

Employees5,700
Market Cap$1.57 billion
Next Earnings Date10/25/2019 (Estimated)
OptionableOptionable

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Granite Construction (NYSE:GVA) Frequently Asked Questions

What is Granite Construction's stock symbol?

Granite Construction trades on the New York Stock Exchange (NYSE) under the ticker symbol "GVA."

How often does Granite Construction pay dividends? What is the dividend yield for Granite Construction?

Granite Construction announced a quarterly dividend on Thursday, June 6th. Shareholders of record on Friday, June 28th will be paid a dividend of $0.13 per share on Monday, July 15th. This represents a $0.52 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Thursday, June 27th. View Granite Construction's Dividend History.

How were Granite Construction's earnings last quarter?

Granite Construction Inc. (NYSE:GVA) released its earnings results on Friday, August, 2nd. The construction company reported ($1.83) EPS for the quarter, beating analysts' consensus estimates of ($2.04) by $0.21. The construction company earned $789.54 million during the quarter, compared to analysts' expectations of $789.73 million. Granite Construction had a negative return on equity of 1.57% and a negative net margin of 2.09%. Granite Construction's revenue was down 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.44 EPS. View Granite Construction's Earnings History.

When is Granite Construction's next earnings date?

Granite Construction is scheduled to release their next quarterly earnings announcement on Friday, October 25th 2019. View Earnings Estimates for Granite Construction.

What guidance has Granite Construction issued on next quarter's earnings?

Granite Construction issued an update on its second quarter 2019 earnings guidance on Monday, July, 29th. The company provided earnings per share guidance of $-2.1--2.05 for the period. The company issued revenue guidance of $785-790 million, compared to the consensus revenue estimate of $955.68 million.

What price target have analysts set for GVA?

4 brokers have issued 12 month price targets for Granite Construction's stock. Their predictions range from $31.00 to $61.00. On average, they anticipate Granite Construction's stock price to reach $48.25 in the next year. This suggests a possible upside of 43.8% from the stock's current price. View Analyst Price Targets for Granite Construction.

What is the consensus analysts' recommendation for Granite Construction?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Granite Construction in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Granite Construction.

Has Granite Construction been receiving favorable news coverage?

Press coverage about GVA stock has been trending somewhat positive recently, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Granite Construction earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media coverage about the construction company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Granite Construction.

Who are some of Granite Construction's key competitors?

What other stocks do shareholders of Granite Construction own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Granite Construction investors own include Alibaba Group (BABA), Applied Materials (AMAT), JD.Com (JD), NVIDIA (NVDA), Square (SQ), TENCENT HOLDING/ADR (TCEHY), Booz Allen Hamilton (BAH), Bristol-Myers Squibb (BMY), Leidos (LDOS) and Akamai Technologies (AKAM).

Who are Granite Construction's key executives?

Granite Construction's management team includes the folowing people:
  • Mr. James Hildebrand Roberts, Pres, CEO & Director (Age 62)
  • Ms. Jigisha Desai, Sr. VP & CFO (Age 52)
  • Mr. James Dave Richards, Sr. VP & Northwest Group Mang. (Age 55)
  • Mr. Dale A. Swanberg, Sr. VP & Large Projects Group Mang. (Age 56)
  • Mr. Kyle T. Larkin, Sr. VP & California Group Mang. (Age 47)

Who are Granite Construction's major shareholders?

Granite Construction's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.30%), BlackRock Inc. (11.30%), Vanguard Group Inc. (9.27%), Victory Capital Management Inc. (2.63%), Bank of New York Mellon Corp (2.50%) and Amundi Pioneer Asset Management Inc. (1.94%). Company insiders that own Granite Construction stock include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin, Patricia D Galloway and William Howard Powell. View Institutional Ownership Trends for Granite Construction.

Which institutional investors are selling Granite Construction stock?

GVA stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Balyasny Asset Management LLC, Zacks Investment Management, SG Americas Securities LLC, Wells Fargo & Company MN, Bank of America Corp DE, Wynnefield Capital Inc. and Tygh Capital Management Inc.. View Insider Buying and Selling for Granite Construction.

Which institutional investors are buying Granite Construction stock?

GVA stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., BlackRock Inc., Heartland Advisors Inc., Russell Investments Group Ltd., Nuveen Asset Management LLC, Amundi Pioneer Asset Management Inc., Bank of New York Mellon Corp and Keeley Teton Advisors LLC. Company insiders that have bought Granite Construction stock in the last two years include Claes Bjork, David H Kelsey, Desai Jigisha, James Hildebrand Roberts, Kristen O Jesulaitis, Kyle T Larkin and Patricia D Galloway. View Insider Buying and Selling for Granite Construction.

How do I buy shares of Granite Construction?

Shares of GVA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Granite Construction's stock price today?

One share of GVA stock can currently be purchased for approximately $33.56.

How big of a company is Granite Construction?

Granite Construction has a market capitalization of $1.57 billion and generates $3.32 billion in revenue each year. The construction company earns $42.41 million in net income (profit) each year or $2.34 on an earnings per share basis. Granite Construction employs 5,700 workers across the globe.View Additional Information About Granite Construction.

What is Granite Construction's official website?

The official website for Granite Construction is http://www.graniteconstruction.com/.

How can I contact Granite Construction?

Granite Construction's mailing address is 585 WEST BEACH ST, WATSONVILLE CA, 95076. The construction company can be reached via phone at 831-724-1011 or via email at [email protected]


MarketBeat Community Rating for Granite Construction (NYSE GVA)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  373 (Vote Underperform)
Total Votes:  686
MarketBeat's community ratings are surveys of what our community members think about Granite Construction and other stocks. Vote "Outperform" if you believe GVA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GVA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/15/2019 by MarketBeat.com Staff

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